Buying Bitcoin.

Ainslie provides a simple and secure way to buy crypto (Bitcoin, Ether, Litecoin, Bitcoin Cash & Ripple) for first time investors, existing wallet holders and even those who want to invest in crypto (Bitcoin, Ether, Litecoin, Bitcoin Cash & Ripple) but don’t want to manage their own wallet. You can buy in store, by phone or on-line in our webshop.

3. During business hours you get to lock your price immediately and then pay. On crypto exchanges you deposit, wait, and then buy, subject to market changes and limits. You can even pay with credit card (in store only).

First time buyers

Come in to our store and we will produce a brand new, completely off line, crypto wallet for you. We give you a neat Ainslie Crypto Wallet and a copy on a USB memory stick. We create and load your wallet right in front of you and show you how to check the balance.

We do all of this on a secure laptop that has never been connected to the web and attached to a dedicated printer that also has never been connected to the web. The laptop is also installed with a hardware RNG that creates your unique wallet, again, all offline.

Alternatively you may wish to purchase a Ledge Nano S hardware wallet device for added protection and transactional versatility.

For your peace of mind we provide an invoice showing full payment and a copy your public / shared address included on the invoice. This means you don't need to hang around waiting for confirmations. It also means that future orders can be done without coming into our office as you can just provide your invoice number and we can load more into the same wallet address. Its a neat link between your wallet and invoice for auditing purposes too.

Our office is a secure area and we require photo ID to enter. For sales of more than $5000 we will need to keep a record of this ID showing both your name and date of birth and/or address for AUSTRAC purposes.

Please note there is a $1,000 minimum transaction per crypto currency in store, or $5,000 online. Web or phone orders will not allow delivery of your Ainslie Crypto Wallet, you must be present as we produce a new one in front of you. Otherwise we can simply send to an address provided by you.

Once you have your loaded Crypto Wallet you may want to consider storing it at Reserve Vault in your own safe deposit box to protect it from theft, fire and flood. Visit here for more info.

Web orders

You can buy crypto (Bitcoin, Ether, Litecoin, Bitcoin Cash & Ripple) online through our webshop just like you can with bullion. Simply go to Buy Bitcoin in the webshop, add to cart, and adjust the amount of Aussie dollars you wish to spend (ensuring it equates to more than $5,000 and is no more than $50,000). Confirm your order, enter your personal details, pay a 10% deposit with your credit card (no surcharge applies), and we will receive your order. If this is within our business hours of 9am to 4pm AEST Monday to Friday you will get an emailed invoice soon afterwards for payment of the balance at the rate locked at the time of the order. If you are ordering outside of business hours (9am - 4pm Mon-Fri AEST) and during public holidays, your AUD amount is locked in but the BTC or ETH or LTC, BCH or XRP / AUD rate will be per our published rate at 8.30am AEST on the next business day.

Full payment must be made on the same day you receive the invoice. Options for payment include -

Bank transfer / deposit

Cash (paid in store)

Credit card (in store only and subject to fees)

If we have not previously done so, BEFORE you order you need to complete our Online ID Verification process. You can do this by clicking here. If you are a first time buyer getting a new wallet or coming in to pay cash, just bring your ID with you.

If you are getting a new Ainslie Crypto Wallets you need to come in and watch us do that and you need to come in within 10 businss days of your purchase. Fees will apply if it is later than 10 days.

For existing wallets, we will also ask you to send us your crypto wallet address or QR code. If you are topping up an Ainslie Cypto Wallet all we need is your last invoice number and we can do the rest.

Once your funds and ID verification (if required) have been received we will transfer the Bitcoin, Ether, Litecoin, Bitcoin Cash or Ripple to the wallet address you provide. We undertake to pay fees in line with Priority payment transaction times.

Please note there is a $5,000 minimum online transaction per cyrpto currency with Ainslie and a $50,000 maximum on-line without calling us. We regularly do orders much larger than $50,000 but we just need you to call us first to discuss on 1800 987 648.

Phone Orders

If you are not comfortable using the internet you can simply call us between 9am and 4pm weekdays on 1800 987 648 and we will take your order over the phone. Thereafter it is the same as the web order process just described above. If you wish to order more than $50,000 you can call to request also.

Just like an Ainslie Bullion Storage account an Ainslie Crypto Storage Account allows you to leave all the work and security to us, allows you to remotely manage your transactions, and have a ready and robust account statement to keep accountants and SMSF auditors happy. This is how we do it…

We create new ‘paper’ wallets completely off line as described above.

Using a scanner we record the public/shared address for each. At no stage is an electronic copy of the Private Key made or the Private Key accessible online.

We transfer these ‘empty’ wallets to Reserve Vault and lock them away in a safe

A second copy is kept in a separate secure safe

When you open your account we allocate you to one of these already secure wallets and transfer the amount of Bitcoin, Ether, Litecoin, Bitcoin Cash or Ripple purchased into that wallet. No wallet is ever reused.

We provide you with a certificate of holding (again much like the bullion storage) and of course an invoice for your purchase.

You can add to your account any time on line or by phone or email.

You can sell all or part of your holding at any time within business hours.

We settle sales immediately to your bank account or cash payment.

Come tax time or SMSF audit time, we can provide your accountant or auditor a statement of current holdings, removing much of the ‘opaqueness’ problematic of private, uncontrolled accounts.

We do charge a 2.5% management fee on any transaction but do not charge a ‘holding fee’ as such.

There is $5,000 minimum transaction requirement per currency for storage accounts - buying or selling.

The process is as simple as a phone call, email or coming into our store.

If you are coming in to our store you will need to bring your Bitcoin, Ether, Litecoin, Bitcoin Cash & Ripple wallet and a current photo ID to get into our secure premises. For sales of more than $5000 we will need to keep a record of this ID showing both your name and date or birth and/or address for AUSTRAC purposes.

Please note these limitations:

You need to make the transfer immediately upon receipt of our invoice.

We will require you to pay sufficient Bitcoin, Ether, Litecoin, Bitcoin Cash & Ripple transaction fees (set to highest setting) to ensure the 1st confirmation within 30 minutes and we will require 6 confirmations before release of funds or metal. This must be received before end of our trading day (4pm AEST). Deposits outside of these limits will be repriced on receipt or at 8.30am AEST the next business day.

Should we reach our exchange limits we may not be able to accept deposits until the next business day and priced at that time.

We offer $10 parking under the building for up to an hour, allowing you to have a walk around town, enjoy a coffee or a bite to eat whilst waiting for the confirmations.

If you wish to sell via a phone call or email, simply ring us between 9am and 4pm weekdays on 1800 987 648 or email your request to [email protected] with SELL BTC or ETH or LTC or BCH or XRP as the subject line. Any emails outside of business hours will be attended to and priced at 8.30am on the next business day.

We will ask, or you will provide in the email, your name, email address and bank account details if wanting a bank transfer of your funds. We will come back to you with the AUD amount for the amount of BTC / ETH / LTC / BCH / XRP you wish to sell. If you agree we will send you our Bitcoin, Ether, Litecoin, Bitcoin Cash & Ripple address and QR code and your commitment is to make the transfer straight away with the same requirements as above with regard to fees and confirmations.

If the transaction involves over $5000 you will need to verify your ID through our website.

Please note there is a $1,000 minimum transaction per crypto currency with Ainslie, and $5,000 for storage accounts.